Financial Fair Play Submissions

25 December 2015

Three Championship clubs subject to sanctions.

o 100% of any excess over £10,000,000
o 80% of the excess amount between £5,000,001 and £10,000,000
o 60% of the excess amount between £1,000,001 and £5,000,000
o 40% of the excess amount between £500,001 and £1,000,000
o 20% of the excess amount between £100,001 and £500,000
o 1% of the excess amount between £1 and £100,000

Any club exceeding the maximum permitted deviation that wins promotion to the Premier League will receive a fine equivalent to:

SANCTIONS FOR PROMOTED CLUBS:

Bolton Wanderers did not submit an FFP return owing to the club’s ongoing financial difficulties. As a result, the club will not be permitted to sign any players until it has complied with its obligations under the Championship’s FFP regulations.
The Football League is currently in discussions with a number of other clubs over their FFP submissions and will confirm any further FFP embargoes, if any, in due course.

A further club, Millwall, also exceeded the maximum permitted deviation but will not face any further sanction, in line with Championship FFP regulations, following the club’s relegation to League 1 as it was not deemed to have gained any significant advantage.

Champions AFC Bournemouth will face a financial sanction to be finalised in due course, while Fulham and Nottingham Forest will be subject to an ‘FFP embargo’ for the remainder of the current campaign. Both clubs will have the opportunity to have their FFP embargo lifted at the end of the season by demonstrating that they have stayed within the maximum permitted deviation of £13m (£5m loss plus £8m shareholder investment) for the 2015/16 season.

An initial analysis of Financial Fair Play submissions from clubs that played in the Sky Bet Championship last season has resulted in three clubs being subject to sanctions, under rules agreed with League clubs in April 2012. All three exceeded the maximum permitted deviation of £6m - consisting of a maximum adjusted loss of £3m plus a further maximum of £3m of shareholder investment.